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In India, CPI (combined) is declared as the new standard for measuring inflation (April 2014). [2] CPI numbers are typically measured monthly, and with a significant lag, making them unsuitable for policy use. India uses changes in the CPI to measure its rate of inflation. The WPI measures the price of a representative basket of wholesale goods.
It reflects consumers' perception of the prevailing and expected employment situation in India. It is a strong indicator of the prospects of the services sector. Inflation Sentiment Index. Current and expected sentiment on interest rates; Current and expected level of prices of all goods on average; It tracks price increases felt and expected ...
Since May 2024, a severe and long heat wave has impacted India. [1] The heat wave occurred during the Indian dry season, which typically lasts from March to July with peak temperatures in April and May. Rajasthan's Churu recorded 50.5 °C (122.9 °F), which was the highest temperature in India in eight years. [2]
The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain.
"CPI inflation peaked at 9.1% year-on-year last June 2022 and today it is at a new low for the year at 3% year-on-year. The economy is on a safer path today as victory over inflation is in the air.
The Consumer Price Index (CPI) rose 3.2% in July over the prior year, a slight acceleration from June's 3% annual increase. Prices were up 0.2% in July from the previous month, in line with June's ...
Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.
Inflation, as measured by the consumer price index (CPI), rose 3.5% from a year ago in March, the Bureau of Labor Statistics reported Wednesday. The figure topped economists’ consensus forecast ...